On August 8th, according to foreign media reports, according to people familiar with the matter, White House officials are preparing for Trump to nominate Stephen Miran, the current chairperson of the White House Council of Economic Advisers (CEA), to serve as a Federal Reserve governor. Trump said on Wednesday that he may nominate an interim governor to fill the vacancy, rather than directly nominating a successor to Federal Reserve Chairperson Powell. Trump has been sharply critical of Powell'...
The CPI rose moderately in June, and the probability of the Federal Reserve cutting interest rates this month is slim! The formal process of selecting Powell's successor has started, the deadline for Iran's nuclear negotiations has been finalized, and the United States has threatened to "withdraw"... What major events happened in the world last night and this morning?
The official process for the successor to Federal Reserve Chairperson Jerome Powell has begun, and the selection will proceed at Trump's pace.
The formal process for the replacement of Federal Reserve Chairperson Jerome Powell has begun, and the selection will proceed at Trump's pace. There is a lot of talk about a "shadow Fed chairperson", which will cause confusion. If the former Fed chairperson stays on, it will be confusing.
Trump fired another shot at the Federal Reserve, declaring that he will not appoint anyone who is unwilling to cut interest rates immediately as chairperson of the Federal Reserve, and said the ideal interest rate should be reduced to 1% -2%. The Treasury secretary revealed that the White House could nominate Powell's successor as soon as October. Click to view
Trump and Musk "ripped", calling on the Federal Reserve to cut interest rates by 100 basis points, saying that Powell's successor will be announced soon! Precious metals collectively rose, non-farmers were better than expected, Russia retaliated against Ukraine... What stimulus markets did you miss this week?
A major inflation data in the United States exceeded expectations! Powell continued to close the door to interest rate hikes, gold was once close to 2360, and the US index was close to the 105 mark; OPEC + began to evaluate the possibility of increasing production next year... What major events happened in the world yesterday morning?